SailNet Community banner

1 - 19 of 19 Posts

·
Registered
Joined
·
13 Posts
Discussion Starter #1
I have talked an owner of a 1974 Cape Dory 25 to let her go for a very good price.

However.

Missing a jib. He has no idea if the plumbing or electrical works or not (though the water pump works). The boat needs some teak wood work done on the outside as well as some minor fiberglass work done, which he has agreed to help me with. The boat has been on the hard for about 4 years now (is that bad?) and he has stripped some of the old paint off the bottom. The vessel is set up for an outboard, but one is not included.

The hull is solid but where one of the supports it rests on there is an indentation into the hull. The guy says that that will pop back out when it's pulled off. Is that true?

The decks are solid and it's pretty clean.



I wanted to get a quality boat and a bit of a fixer upper (I have the time and energy. I have done a lot of boat maintenance research, but have no actual experience).

Is this boat too much for a novice craftsman with a low budget?
 

·
Registered
Joined
·
585 Posts
Question is, what's a very good price and what kind of fiberglass work needs to be done..?

How about the standing and running rigging, lines can be expensive and add up quickly as well as sails...

An outboard is gonna cost $500+

Lastly, what is your budget to get her back in the water..?
 

·
Registered
Joined
·
13 Posts
Discussion Starter #3
Very good price: 900

Rigging lines are there but probably could be updated

I just moved and am still looking for a job but I can throw about 300 at her right now and then more once I get a job. No kids, wife, or girlfriend. This would be my only hobby

There's a bit of fiberglass damage on the starboard cockpit that is well above the waterline.
 

·
Tartan 27' owner
Joined
·
5,242 Posts
The hull is solid but where one of the supports it rests on there is an indentation into the hull. The guy says that that will pop back out when it's pulled off. Is that true?
It is likely that any indentations will pop back out after a short while in the water.

Is this boat too much for a novice craftsman with a low budget?
That depends on how much it is going to cost you on an annual ongoing basis. The price of the boat is just the entry fee before summer and winter storage costs. Where do you intend to keep the boat in the summer and winter seasons?
Keeping a boat about that size at a boatyard just for the winter in my area costs about $1k/year. Having a working trailer for a boat can save you a lot if you have your own yard space.

If you can afford the ongoing fees then you can afford to buy the boat and put a little time & money into it.

By the way, $900 is not a fantastic deal for this boat considering it is missing a jib, an outboard motor and has fiberglass damage in the cockpit. You could spend $2K for a new jib & outboard which might be a good price for this boat IF it was in very good condition.
 

·
Registered
Joined
·
22 Posts
I took on such a project 4 years ago, purchasing mine for $3500. To get it back in top shape I put in around 11k. Mine had an outboard (2 cycle Johnson 6) and a set of very used sails. Teak was pretty sad but the fiberglass was in good shape considering her age. A lot of elbow grease was involved, but we knew that going in (this is our 3rd sailboat). Here on an inland lake the slip fees are $2500 + per year; insurance and twice-yearly bottom cleaning add another $500.

Anyone who thinks sailing is a budget-friendly activity just isn't paying attention.
 

·
Senior Member
Joined
·
19,489 Posts
If you're out of work can you support taking over the yard storage fees? Do you know what they are? Will you be liable for any back fees as a new owner?

Don't want to rain on your parade but you need to look ahead to ALL the real costs of fixing, using, maintaining and supporting your 'inexpensive' project. If you're handy, don't have to pay anyone else labour there could be a good result.. but you have to have some resources to pull it off...
 

·
Registered
Joined
·
311 Posts
Be wary of letting prior owners help you with work as a part of any deal. I've done that twice now and will never do it again, the work always ends up sloppy and poorly done. I've had to redo all of it.

I would buy it as is and get someone else to help you.

As for the CD25, most of the boats Cape Dory made came well constructed (relatively to other manufacturers, anyway) and will take a lot of abuse. I know some people here will scoff at the age of the designs, but overall the construction quality is good...

That said, the earlier models (pre 76/77) that I've looked at were not built as well as later models. It seems to me that the better years for Cape Dory boats are around 79 to 85, earlier than that had more flaws and later than that may as well. That's a blanket statement and isn't always true, but it is generally, based on what I've seen and observed.

The biggest thing to look out for, aside from typical fiberglass boat issues (decks, blistering, etc), are the chainplate backings. For a period of time, Cape Dory made their chainplate backings out of mild steel and many have corroded badly. The backings on our boat are fine, mostly because the fittings were properly bedded by the factory and didn't leak onto the steel, so they haven't corroded badly. In other cases, prior owners rebedded the hardware wrong, resulting in bad corrosion of the backing plates, some so bad they flaked apart. I know a lot of people knock Cape Dory for this decision, but TBH I'd have done the same thing, at least steel is easy to inspect for corrosion, stainless not so much. That said, if they are corroded badly, it is a non-trivial repair. If the chainplates remained bedded properly, this shouldn't be an issue.
 

·
Registered
Joined
·
585 Posts
I'm all for dreams and fixing up a boat is romantic as hell, but $300 isn't going to do anything at all. I was hoping you were going to say $3,000
 

·
Broad Reachin'
Joined
·
2,038 Posts
Is this boat too much for a novice craftsman with a low budget?
Sounds like an ideal fixer-upper/first boat for a single guy with time and an intention to get money. Only you can make the judgement about how this might fit with your budget.

I had didn't have the money to fix up my first boat, but I offered $400 anyway and she was mine. I put in sweat equity and not much else and sold her 1.5 years later for $2500. In the short amount of time, she introduced me to sailing. I've never once regretted buying that old boat. In fact, it's one of the best things I ever did for myself and my family. They say there's nothing more expensive than a cheap boat, which many can attest to, but apparently I bucked that trend.

A word of caution: Even if fixing up the CD25 won't require much in terms of new/upgraded parts, having the right tools to do the job is often the limiting factor. Tools are expensive if you don't have them or can't borrow them.
 

·
Sea Sprite 23 #110 (20)
Joined
·
3,217 Posts
sweat equity is cheap. You can probably pick up a cheap used outboard in good condition for not a lot of money (especially now in the fall) and the jib can be used as well.
 

·
Registered
Joined
·
585 Posts
I sometimes wonder where you guys get your information/facts. I'm a newbie so I know nothing but I do spend a considerable amount of time on Craigslist. Outboards with long shafts are few and far between and at a minimum you are looking at $500 and more realistically more. Sails, a worn to death headsail could cost $250 and go price some lines for the jib sheets, halyards and mainsheet and you are talking money real fast...
 

·
Registered
Joined
·
1,346 Posts
I'm curious to know your general location and what waters you will be in . Also a little bit envious . Single,first boat that type of thing.
 

·
Registered
Joined
·
13 Posts
Discussion Starter #14
I am in Satellite Beach Florida. I have a 10ft Snark (and have had it since I was a kid). Now that I live on the ocean I can start looking for a larger vessel. Love the water. Love sailing. Have no money.
 

·
Registered
Joined
·
311 Posts
I am in Satellite Beach Florida. I have a 10ft Snark (and have had it since I was a kid). Now that I live on the ocean I can start looking for a larger vessel. Love the water. Love sailing. Have no money.
I live near there (minutes away).

Where do you plan on keeping the boat? What yard is she in now?

You are probably talking at least $200/mo for slip fees, more realistically closer to $250.
 

·
Registered
Joined
·
13 Posts
Discussion Starter #16
It's docked on the other side of Eau Galli causeway for 30 bucks a month. I think it may be a bit too much of a project for me now. The biggest thing actually was that I wasn't able to sail her before I bought her so that was a deal breaker for me.

She needed to be stripped and repainted before going back into the water.
 

·
Registered
Joined
·
1,346 Posts
Probably a good idea to pass at this time . I mean first things first . Don't worry , from what I understand FL. has a few extra boats for sale .
 

·
Registered
Joined
·
95 Posts
Without knowing real condition, hard to say, but I think you passed it by? $900 for a decent cape dory that needs little stuff is not bad, but storage can be a killer. Sweat equity is cheap, and someone really clever can do a lot for little $.

Good luck finding a project. I think others have taken on some trashed out boats that would make that cape dory look like cream puff.


Sent from my iPhone using Tapatalk
 

·
Registered
Joined
·
31 Posts
I bought a Project boat years ago and did the required work myself to get her back in the water. I spent what I could and when I could. The boat was purchased for $3500 and I put about $1500 in her from the start. I bought used parts from many places and reconditioned what I could for use untill better parts became available. The boat was finished after 5 years and has served me well. I could afford a new boat but wanted to change layout and rigging to suit my likes and needs. I would not do this to a new boat.
I have many friends who have learned to sail in this old boat and they share use of it in exchange for help with required work. The cost is cheap for yearly operation as I live near a large lake and pull it down in the spring and leave for a few weeks at a time. We use it untill November and them pull it home. I say buy what you can and enjoy it. I would buy something you can sail while you fix things that are worn and broken untill you have what you want. I have built and changed the entire layout so it meets my needs
 
1 - 19 of 19 Posts
Top